2 Articles match "Dec","Sales","Trustee"

The Latest from RealtyTrac MORE
U.S. Foreclosure Laws
If the mortgagor is unable to pay off the default, the attorney files a lawsuit against the mortgagor to establish the default amount and the right to have the collateral(home) sold and the sale proceeds applied towards the outstanding loan. The Non-judicial foreclosures are based on deeds of trust that contain a power-of-sale clause. Foreclosure State Laws By RealtyTrac Foreclosure laws and timelines vary from state to state. Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls.
www.realtytrac.com - Tuesday, February 3, 2009
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When Foreclosure Is Not Politically Correct
Details of the property’s history on the RealtyTrac website show that a Notice of Default was recorded against it on Dec. 14, 2007 for $18,356, followed by a Notice of Trustees Sale being recorded on March 19, 2008. At the time of sale Richardson allegedly owed her lender, Washington Mutual, more than $578,000 thanks to the 100 percent financing used to purchase the home and the additional fees and costs incurred by foreclosure. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • U.S. Foreclosure Laws
    If the mortgagor is unable to pay off the default, the attorney files a lawsuit against the mortgagor to establish the default amount and the right to have the collateral(home) sold and the sale proceeds applied towards the outstanding loan. The Non-judicial foreclosures are based on deeds of trust that contain a power-of-sale clause. Foreclosure State Laws By RealtyTrac Foreclosure laws and timelines vary from state to state. Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • When Foreclosure Is Not Politically Correct
    Details of the property’s history on the RealtyTrac website show that a Notice of Default was recorded against it on Dec. 14, 2007 for $18,356, followed by a Notice of Trustees Sale being recorded on March 19, 2008. At the time of sale Richardson allegedly owed her lender, Washington Mutual, more than $578,000 thanks to the 100 percent financing used to purchase the home and the additional fees and costs incurred by foreclosure. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE